Pioneer Net Income vs Selling General Administrative Analysis

PXD Stock  USD 268.87  6.28  2.28%   
Pioneer Natural financial indicator trend analysis is much more than just breaking down Pioneer Natural Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Natural Resources is a good investment. Please check the relationship between Pioneer Natural Net Income and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pioneer Natural Resources Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pioneer Natural's Net Income and Selling General Administrative is 0.38. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Pioneer Natural Resources, assuming nothing else is changed. The correlation between historical values of Pioneer Natural's Net Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Pioneer Natural Resources are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., Pioneer Natural's Net Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Pioneer Natural Resources financial statement analysis. It represents the amount of money remaining after all of Pioneer Natural Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Selling General Administrative

Most indicators from Pioneer Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Natural Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
At present, Pioneer Natural's Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.21, whereas Discontinued Operations is projected to grow to (6 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses350M390M557M455.3M
Other Operating Expenses11.3B14.0B12.8B13.5B

Pioneer Natural fundamental ratios Correlations

0.75-0.250.940.990.990.680.910.970.351.0-0.350.340.950.550.850.940.940.790.70.980.510.590.560.92-0.44
0.75-0.170.770.710.710.780.480.680.690.71-0.290.550.720.440.830.760.60.350.450.80.020.780.440.57-0.31
-0.25-0.17-0.29-0.24-0.26-0.4-0.22-0.290.18-0.260.920.18-0.4-0.05-0.35-0.22-0.25-0.16-0.14-0.250.21-0.05-0.05-0.30.13
0.940.77-0.290.950.920.580.790.950.520.92-0.460.50.940.630.910.810.830.590.740.90.270.740.630.81-0.41
0.990.71-0.240.950.990.630.90.970.350.99-0.360.370.950.590.860.90.920.790.760.950.520.60.60.93-0.48
0.990.71-0.260.920.990.70.930.960.271.0-0.360.250.950.510.820.950.940.830.670.980.570.510.520.94-0.42
0.680.78-0.40.580.630.70.60.620.090.7-0.38-0.030.660.250.70.780.650.560.260.750.310.30.250.63-0.24
0.910.48-0.220.790.90.930.60.880.030.93-0.270.030.840.540.680.870.940.840.550.880.730.30.550.9-0.34
0.970.68-0.290.950.970.960.620.880.330.96-0.420.310.940.560.850.870.930.730.750.930.450.580.570.85-0.41
0.350.690.180.520.350.270.090.030.330.27-0.030.90.350.410.510.270.14-0.160.390.35-0.380.90.410.13-0.21
1.00.71-0.260.920.991.00.70.930.960.27-0.350.250.940.510.820.950.950.830.670.980.570.510.520.93-0.41
-0.35-0.290.92-0.46-0.36-0.36-0.38-0.27-0.42-0.03-0.35-0.04-0.5-0.19-0.5-0.26-0.31-0.17-0.31-0.330.26-0.25-0.19-0.350.21
0.340.550.180.50.370.25-0.030.030.310.90.25-0.040.310.50.510.180.13-0.130.610.28-0.290.90.50.17-0.42
0.950.72-0.40.940.950.950.660.840.940.350.94-0.50.310.550.860.860.840.710.640.920.380.60.560.91-0.45
0.550.44-0.050.630.590.510.250.540.560.410.51-0.190.50.550.730.360.460.30.660.450.250.681.00.54-0.58
0.850.83-0.350.910.860.820.70.680.850.510.82-0.50.510.860.730.710.720.50.740.80.170.780.730.74-0.52
0.940.76-0.220.810.90.950.780.870.870.270.95-0.260.180.860.360.710.920.790.480.990.550.440.370.86-0.28
0.940.6-0.250.830.920.940.650.940.930.140.95-0.310.130.840.460.720.920.820.630.930.620.40.470.84-0.28
0.790.35-0.160.590.790.830.560.840.73-0.160.83-0.17-0.130.710.30.50.790.820.480.760.830.060.310.87-0.32
0.70.45-0.140.740.760.670.260.550.750.390.67-0.310.610.640.660.740.480.630.480.580.280.670.670.6-0.68
0.980.8-0.250.90.950.980.750.880.930.350.98-0.330.280.920.450.80.990.930.760.580.490.550.460.88-0.33
0.510.020.210.270.520.570.310.730.45-0.380.570.26-0.290.380.250.170.550.620.830.280.49-0.190.270.65-0.26
0.590.78-0.050.740.60.510.30.30.580.90.51-0.250.90.60.680.780.440.40.060.670.55-0.190.680.4-0.44
0.560.44-0.050.630.60.520.250.550.570.410.52-0.190.50.561.00.730.370.470.310.670.460.270.680.54-0.58
0.920.57-0.30.810.930.940.630.90.850.130.93-0.350.170.910.540.740.860.840.870.60.880.650.40.54-0.55
-0.44-0.310.13-0.41-0.48-0.42-0.24-0.34-0.41-0.21-0.410.21-0.42-0.45-0.58-0.52-0.28-0.28-0.32-0.68-0.33-0.26-0.44-0.58-0.55
Click cells to compare fundamentals

Pioneer Natural Account Relationship Matchups

Pioneer Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.1B19.2B36.8B35.7B36.6B38.4B
Short Long Term Debt Total2.6B3.5B7.3B5.3B5.3B3.1B
Other Current Liab443M597M1.1B(3.5B)234M245.7M
Total Current Liabilities2.5B1.9B4.1B3.9B3.0B3.1B
Total Stockholder Equity12.1B11.6B22.8B22.5B23.2B24.3B
Property Plant And Equipment Net16.4B16.2B30.2B31.6B33.6B35.3B
Net Debt2.0B2.1B3.4B4.2B5.0B2.5B
Retained Earnings4.0B3.5B4.0B5.7B7.3B7.6B
Accounts Payable1.4B1.0B2.6B2.6B2.4B2.6B
Cash631M1.4B3.8B1.0B240M228M
Non Current Assets Total16.9B16.6B30.6B32.0B34.0B35.7B
Non Currrent Assets Other258M153M171M(3.7B)179M188.0M
Cash And Short Term Investments818M1.6B4.0B1.2B379M739.9M
Net Receivables1.0B699M1.7B2.0B1.6B1.7B
Common Stock Shares Outstanding167M165M246M252M242M157.9M
Liabilities And Stockholders Equity19.1B19.2B36.8B35.7B36.6B38.4B
Non Current Liabilities Total4.5B5.8B9.9B9.3B10.5B11.0B
Inventory205M224M369M424M476M499.8M
Other Current Assets20M43M42M81M160M168M
Other Stockholder Equity8.1B8.1B18.9B16.9B15.9B16.7B
Total Liab6.9B7.7B14.0B13.2B13.4B14.1B
Property Plant And Equipment Gross16.4B16.2B1.7B1.7B51.2B53.8B
Total Current Assets2.2B2.6B6.2B3.7B2.6B1.7B
Other Liab1.9B2.5B3.0B4.5B5.1B5.4B
Other Assets95M258M153M171M128.7M150.4M
Long Term Debt1.8B3.2B6.7B4.1B4.8B3.0B
Treasury Stock(1.1B)(1.2B)(248M)(1.9B)(1.7B)(1.6B)
Property Plant Equipment1.6B14.4B30.2B31.6B36.4B38.2B
Good Will270M264M261M243M242M225.5M
Short Term Debt586M240M365M904M203M305.4M
Net Tangible Assets12.0B11.7B22.6B22.8B26.2B27.5B
Retained Earnings Total Equity4.0B3.5B4.0B5.7B6.5B6.9B
Short Term Investments187M123M193M172M139M132.1M

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When determining whether Pioneer Natural Resources is a strong investment it is important to analyze Pioneer Natural's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pioneer Natural's future performance. For an informed investment choice regarding Pioneer Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is Pioneer Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Natural. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
13.96
Earnings Share
20.22
Revenue Per Share
82.795
Quarterly Revenue Growth
(0.02)
The market value of Pioneer Natural Resources is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Natural's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Natural's market value can be influenced by many factors that don't directly affect Pioneer Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.